Floating Rate Loan Simulator

🏦 Loan Details

₹
20years
1 years30 years

🎯 Rate Scenario

% p.a.
% p.a.
💡 TipWhat is Rate Scenario? (tap to learn)

Floating rates change over your loan tenure (10-30 years). We simulate different patterns:

  • 📊 Flat: Rate stays stable with minor ±0.5% yearly fluctuations
  • 📈 Gradual Rise: Rates slowly increase over time (like post-COVID 2021-23)
  • 📉 Gradual Fall: Rates decrease as economy stabilizes
  • 🎢 Volatile: Unpredictable swings (like 2008 crisis) - tests worst-case scenarios
  • ✏️ Custom: Set your own rate for each year

💰 Interest Comparison

Floating Total Interest
Rs.54.14 L
Fixed Total Interest
Rs.61.85 L
Floating Saves
Rs.7.71 L
Break-Even Fixed Rate
8.50%
✅

Floating rate saves Rs.7.71 L in this scenario

Break-even at 8.50% fixed rate

📉 EMI Journey Over Time

📊 How to read this chart (tap for guide)
EMI Over Time Chart:
  • • Blue line = Floating EMI (changes with rate)
  • • Purple line = Fixed EMI (stays constant)
Rate Journey Bars:
  • • Red bars = Rate went UP from previous year
  • • Green bars = Rate went DOWN from previous year
  • • Blue bars = Rate stayed same

💡 When rates rise → EMI goes up. When rates fall → EMI comes down.

📈 Floating Rate Details

EMI Range
Rs.43,391 - Rs.43,391
Final Tenure
241 months (20.1 years)
Max EMI Jump
Rs.0
EMI Volatility
±Rs.0

📊 Fixed Rate Details

Fixed EMI
Rs.46,607
Tenure
240 months
Total Payment
Rs.1.12 Cr